MIRC Electronics Limited (MIRCELECTR) — Defensive Interval Ratio

Latest as of September 2025: 182 days

MIRC Electronics Limited (MIRCELECTR) has a Defensive Interval Ratio of 182 days as of September 2025. Defensive assets of Rs1.27 Billion (cash Rs123.50 Million, short-term investments Rs148.00 Million, receivables Rs998.80 Million) cover 182 days of daily cash needs of Rs6.97 Million/day. Check MIRC Electronics Limited (MIRCELECTR) tangible net worth to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

182 days
Days of operational coverage

Defensive Assets

Rs1.27 Billion
Cash + ST Investments + Receivables

Daily Cash Need

Rs6.97 Million
Current Liabilities ÷ 365

Current Liabilities

Rs2.54 Billion
INR

MIRC Electronics Limited Defensive Interval Ratio (2005–2025)

This chart shows how MIRC Electronics Limited's Defensive Interval Ratio has evolved across 21 annual periods from 2005 to 2025. As of September 2025, the ratio stands at 182 days, meaning defensive assets of Rs1.27 Billion can fund 182 days of operations without new revenue. Also explore net asset growth rate of MIRC Electronics Limited to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for MIRC Electronics Limited (2005–2025)

The table below presents the year-by-year Defensive Interval Ratio for MIRC Electronics Limited from 2005 to 2025, covering 21 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see market cap of MIRC Electronics Limited.

Year DIR (days) Defensive Assets (INR) Daily Cash Need Cash ST Investments Change (days)
2025 205 days Rs2.13 Billion Rs10.38 Million/day Rs188.70 Million Rs214.20 Million ▲ +53 days
2024 152 days Rs1.74 Billion Rs11.45 Million/day Rs- Rs94.30 Million ▲ +39 days
2023 113 days Rs981.60 Million Rs8.72 Million/day Rs- Rs85.90 Million ▲ +20 days
2022 93 days Rs1.22 Billion Rs13.11 Million/day Rs- Rs159.30 Million ▼ -47 days
2021 140 days Rs1.62 Billion Rs11.59 Million/day Rs- Rs340.40 Million ▲ +14 days
2020 126 days Rs1.16 Billion Rs9.23 Million/day Rs- Rs340.40 Million ▼ -55 days
2019 181 days Rs1.27 Billion Rs7.01 Million/day Rs- Rs35.40 Million ▲ +168 days
2018 13 days Rs105.74 Million Rs8.13 Million/day Rs- Rs20.80 Million ▼ -125 days
2017 138 days Rs1.45 Billion Rs10.51 Million/day Rs- Rs49.88 Million ▲ +21 days
2016 116 days Rs1.41 Billion Rs12.10 Million/day Rs- Rs- ▲ +3 days
2015 114 days Rs1.59 Billion Rs14.00 Million/day Rs- Rs- ▲ +3 days
2014 111 days Rs1.64 Billion Rs14.74 Million/day Rs- Rs1.86 Million ▼ -6 days
2013 117 days Rs1.69 Billion Rs14.38 Million/day Rs- Rs1.67 Million ▼ -32 days
2012 149 days Rs2.14 Billion Rs14.32 Million/day Rs- Rs1.95 Million ▼ -63 days
2011 212 days Rs2.66 Billion Rs12.56 Million/day Rs- Rs- ▼ -12 days
2010 224 days Rs2.05 Billion Rs9.13 Million/day Rs- Rs- ▼ -223 days
2009 448 days Rs2.06 Billion Rs4.60 Million/day Rs- Rs- ▲ +177 days
2008 270 days Rs2.04 Billion Rs7.56 Million/day Rs- Rs- ▲ +4 days
2007 266 days Rs1.79 Billion Rs6.71 Million/day Rs- Rs- ▲ +78 days
2006 188 days Rs1.64 Billion Rs8.74 Million/day Rs- Rs131.71 Million ▼ -7 days
2005 195 days Rs1.42 Billion Rs7.28 Million/day Rs- Rs6.49 Million —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)